4.1 It is the intent of these principles in this practice to provide guidance for an effective and efficient system for receiving assets.

4.2 These principles are applicable to any organizational structure or any position having the responsibility for receiving assets on behalf of their entity.

1.1 This practice covers the process for verifying, recording, and reporting receipt of assets (that is, equipment, supplies, and material).

1.2 Entities use a variety of means to document the receipt of assets. This practice details the fundamental concepts of the receiving process.

1.3 This standard does not purport to address all of the safety concerns, if any, associated with its use. It is the responsibility of the user of this standard to establish appropriate safety, health, and environmental practices and determine the applicability of regulatory limitations prior to use.

1.4 This international standard was developed in accordance with internationally recognized principles on standardization established in the Decision on Principles for the Development of International Standards, Guides and Recommendations issued by the World Trade Organization Technical Barriers to Trade (TBT) Committee.